Title: Rob Lutts, CIO of Cabot Money Management

" Down eighty points yesterday the Dow up better than fifty today market volatility of late may make investors shy away from the market all together. But our next guest says there's still -- way for you to make money work for you. Rob -- as president that CIO of Cabot money management of Salem Massachusetts. Just back from his latest investment fact finding trip to Asia welcome rob. Currently viewing it what we're the most exciting. Countries you visited where you see some guys some great potential."

" Boy spent a week in -- Singapore and in and looked at a lot of companies that are based in China from that viewpoint. And I took an excursion up to Hanoi Vietnam. And spent about six days out they are learning what's going on there. And it's quite big quite a enthusiastic. Got a viewpoint on the growth it's in occurring in that region."

" All right we've got a number of issues are gonna get in and in a relatively short time let's talk it would take a look at some pictures -- grip went up first okay which is the largest casino and being in Singapore that is an abstraction."

" Yeah that's right that's a tremendous. Growth engine that's driving Singapore right now. Every you're gonna see a little bit more that completed and -- I think the next time I go to probably be finished."

" Biden has served some a model of how that's gonna look when it is done that throughout this next picture we're gonna put up this is one from Vietnam which is. It looks like an ancient building it's being there have been held up by that's a statue it's a statue actually in the reason I give you that."

" Is that some reflective of the infrastructure. And a lot of the human frontier countries like Vietnam. It's very important needs to be repaired you can see his stands on that -- on netstat you're holding it together and much of the country's. Bridges and roads are like that. But the opportunity is to change everything comes via the economy's growing at 60%. And I'm enthusiastic about investing with the companies that are helping to fix those statues and fix the buildings and and build highways over there -- Okay rob talked to us about your your favorite sectors in the emerging markets. Yeah what's interesting is that the in the emerging markets some industries are really at the beginning in the real -- initial stages of their development. To give you a good example is the insurance industry in China. In this country about 77% of our population has some kind of insurance product. In China today one point three billion people only 4% of the population has any kind of insurance product. It's always incomes rise and they are rising rapidly in that region. Insurance and banking products I'm gonna grow dramatically. Some finding small companies today that I think are gonna be giants in in ten or fifteen years. And what are some of the where some of the risks involved if you -- think about investing in in these emerging markets well you know I'm risk is all relative and I think actually the -- today is investing in -- mature and have more. Established. Economies like the United States and United Kingdom. If you look at the stock market performance over the last five years. All of these countries I'm talking about China India Brazil and Vietnam all had double digits five year returns. Contrast that with the US and 500 of them minus 4% over the last five years. So I think the risk is is -- perceived. Devlin was also so you have to get used to ups and downs a little more volatility here but I think there's actually less risk. But there are of course. You know in any emerging. Market is gonna be more challenges to be dealt without obvious seem pretty impressed with the with the Vietnam both the potential and the challenges. -- I saved Vietnam is in the shadows of China are very little talked about it it's a 300 billion dollar economy so it's relatively robust. But they have financial markets are just getting going and don't have a twelve billion dollar stock market today. And I think that's great because I think that means you can grow an awful lot and move from that low -- up -- much more significant. But in all of the Asian economies. I have most enthusiastic about the people it's of people that are growing in their skills and their abilities. Higher education rate high enthusiasm for in advancement. And that's coming out in the growth of those economies that's what I'm seeing in Vietnam as well as China. Good not very interesting thanks rob what -- president and CIO of Cabot money management. Thanks for joining us from the Suffolk University NEC and downtown Boston's city."